Question # 1

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The Laspeyres index

The Paasches index

The value index

None of these

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

Commodities subject to considerable price variation should best be measured by

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Quantity index

Price index

Value index

None of thes

An index having a wide scope is called:

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Price index number

General purpose index number

Special purpose index number

None of these

The base period in fixed bases should be________

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A normal year

Abnormal year

Special

General

Both quantities and prices are used in

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Link relatives

Chain relatives

Average of relatives

Aggregative index numbers

How many basic types of index numbers.

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2

3

4

5

Laspeyres index number is also called as:

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Base year weight index number

Current year weight index number

Ideal index number

Fisher index number

Paasche's index is also called

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Consumer price index

Current year price

Simple index

Cost of consumption

The consumer price index number is also called.

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The cost of living index number

The retail price index number

The wholsale price index number

Both a and b

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

The index numbers are generally classified into ------------- types

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two

Four

five

Three

The change is whole sale or retail are studied ___________

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Price index number

Quantity index number

Volume index number

None of these

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

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100

104.1

106.2

110.2

Base yar weighted index number are.

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Laspeyre's

Paasche's

Fisher's

C.P.I

If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.

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90.0

13.75

880

110

Consumer price indexis obtained by.

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Paache's formula

Marshall Edgeworth formula

Fisher's ideal formula

Family Budget Method formula

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

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